7537 S Phillips AVE
Multi-Family $ 399,900

7537 S Phillips AVE

Chicago, IL 60649

  • 9 Beds
  • 6 Baths
  • 1923 Year Built
Exceptional investment opportunity in Chicago's desirable South Shore neighborhood! This jumbo 3-flat features spacious, move-in-ready units with similar layouts, each offering 3 bedrooms, 2 full baths - including a primary suite with private ensuite bath - hardwood floors, formal dining room, and a bright living room with classic bay window. A defined foyer entry, walk-in pantry space, and generous room sizes throughout add to the appeal. Ideally located near Lake Michigan, Rainbow Beach, South Shore Cultural Center, Jackson Park, and neighborhood parks, offering easy access to recreation and outdoor amenities. Close to shopping, dining, schools, and public transportation - including CTA bus routes and Metra Electric - for a quick commute to Hyde Park, the University of Chicago, and Downtown Chicago. Whether you're expanding your portfolio or planning to owner-occupy while collecting rental income from the remaining units, this well-maintained multi-unit building offers strong long-term potential in one of Chicago's historic lakefront communities. Don't miss this rare opportunity in a location that continues to attract both residents and investors.
Listed by Sergio Hernandez of Keller Williams Premiere Properties

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Active Under Contract

    Purchase Type For Sale

    MLS Listing ID 12673942

    Bedrooms 9

    Year Built 1923

    Annual Tax Amount $6,872

    Tax Year 2024

    Lot Dimensions 30 X 124

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Area Chi - South Shore

    Zoning MULTI

  • Rooms

    Basement Unfinished, Full

  • Building

    Dwelling Type Two to Four Units

    Building Description Brick, No

    Sewer Public Sewer

    Water Public

    Structure Type Brick

    New Construction false

  • Interior

    Heating Natural Gas, Radiator(s)

    Fireplace N

  • Exterior

    Garage Spaces 3.0

    Roof Type Flat

  • Schools

    Elementary Schools Bradwell Comm Arts & Sci Element

    Middle Schools Bradwell Comm Arts & Sci Element

    High Schools South Shore Community Academy Se

    School District 299 , 299, 299

  • Others

    Ownership Fee Simple

    Special Listing Condition List Broker Must Accompany

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